Short Interest in B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Grows By 19.0%

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 666,700 shares, an increase of 19.0% from the November 30th total of 560,300 shares. Based on an average daily volume of 61,700 shares, the days-to-cover ratio is presently 10.8 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Price Performance

RILYG stock traded up $0.62 during mid-day trading on Tuesday, reaching $12.30. The company had a trading volume of 36,865 shares, compared to its average volume of 44,885. The firm has a 50 day moving average of $12.28 and a 200 day moving average of $13.63. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12 month low of $6.87 and a 12 month high of $19.76.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 10.16%. The ex-dividend date of this dividend is Wednesday, January 15th.

About B. Riley Financial, Inc. 5.00% Senior Notes due 2026

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.